Check Point Software Technologies Ltd. (NASDAQ:CHKP) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.37 by 19 Brokerage Firm. 7 Wall Street Firms have rated the stock as a strong buys. 11 Brokerage Firms have advised hold. 1 Analysts have rated it as strong sell.
Other Equity analysts have also commented on the company shares. Equity Analysts at the Deutsche Bank downgrades the rating on Check Point Software Technologies Ltd. (NASDAQ:CHKP). The brokerage firm has issued a Hold rating on the shares. The Analysts at the ratings agency lowers the price target from $95 per share to $90 per share. The rating by the firm was issued on June 16, 2016.
Check Point Software Technologies Ltd. (NASDAQ:CHKP): 11 Brokerage firm Analysts have agreed with the mean estimate for the short term price target of $92.82 in Check Point Software Technologies Ltd. (NASDAQ:CHKP). However, the stock price could fluctuate by $ 6 from the estimate as it is suggested by the standard deviation reading. The higher estimate has been put at $105 price target with the lower price estimate is calculated at $84
Check Point Software Technologies Ltd. (NASDAQ:CHKP) rose 0.34% or 0.28 points on Tuesday and made its way into the gainers of the day. After trading began at $81.5 the stock was seen hitting $81.85 as a peak level and $81.07 as the lowest level. The stock ended up at $81.52. The daily volume was measured at 1,075,257 shares. The 52-week high of the share price is $89.98 and the 52-week low is $65.09. The company has a market cap of $14,258 million.
Check Point Software Technologies Ltd. has lost 3.33% in the last five trading days and dropped 2.31% in the last 4 weeks. Check Point Software Technologies Ltd. has dropped 2.2% during the last 3-month period . Year-to-Date the stock performance stands at 0.17%.
Check Point Software Technologies Ltd (Check point) develops, markets and supports a range of products and services for information technology (IT) security. The products and services are sold to enterprises, service providers, small and medium sized businesses and consumers. The Checkpoints Software Blade architecture offers enterprises a common platform to deploy independent, modular and interoperable security applications (Software Blades), such as firewall, virtual private network (VPN), intrusion prevention system (IPS), Application Control, Anti-Bot, antivirus, data loss prevention (DLP), policy management, event analysis, or multi-domain management. The Company offers these software blades grouped into functional packages to address specific security issues. Software-defined Protection (SDP) is a security architecture that is designed to protect against unknown threats.